Cordlife Technical Analysis Chart..

As mentioned in my previous blog, Cordlife if able to sustain on trading range between 0.52 to 0.55, it will have another uptrend.. Haxe circled below and also moving towards 0.57 as the price to look for as well as resistance price to break to move even higher after that. With good financial result report, this will be the stock in my radar again..Note also plus DI is still above minus DI which indicates more uptrend will persist.

Till then
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CordLife Technical Analysis Part 2

Cordlife, another brewing again?

Will write more soon..

Star-Trader

Ezion Holding Technical Analysis

With Ezra flying to another uptrend wave, Ezion will definitely follow suit. It has closed near to 52 week high and projecting to hit then next resistance of 1.15 as Oil Price Effect might let this stock to fly higher.
It also closed with Bullish Piercing Line White Candlestick and this already put under my radar.

Support Price will be 1.02. If this is well maintained, it will form a support base to go higher uptrend.
If it is broken, it will be go downside to form another support base.

Let's see.

Star-Trader

Hutchison Port Holding Trust Technical Analysis

Today, I am going to share on technical analysis for HPH Trust. HPH might have formed a support base.

Notice the 2 white candlesticks before yesterday's black spinning top. Black spinning top occurred where indecisiveness between the bullish and bearish sentiment still occur that prompts that this stock might have uptrend in mind soon if the volume well supported as well as +DI starting to turn towards upper base.

The blue line that I have drawn on the first chart below is a support price 0.68.

for the 2nd chart, it shown the trading range that have been trading in between the 2 blue lines, thus why I believe support base for this stock will prompt the stock to go higher again.

Let's see.

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Cordlife Group Technical Analysis

As mentioned below, will do some analysis on CordLife.

Cordlife Group, today it gained 2% even though STI is red which candlestick closed as white candlestick before previous Doji candlestick.Will it have more upside? This will based on the fact if the ADX can maintain above 20, we will see more upside for this. Volume increasing plus price uptrend will be a good sign for even more upside for CordLife.

Check the 2nd chart as well. The line drawn across the mini peak of 0.57 and 0.445. I would say the first resistance at 0.525/0.53 as if tomorrow it can hit and stays stable with trading range in between 0.525 to 0.55, more upside will be seen for CordLife.

Let's see.

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CordLife , Raffles MG next..

What's brewing on these 2 stocks..?

Would write more soon..

Star-Trader

Know your plan and plan the trade

Well, it has been long that I have not share some of my sharing on the non technical analysis side as it is also part of the stock trading mechanism when it is not deployed , it is as good as losing a trade.

One scenario is..

 When individual investors always look at the price of the stock and say " this is so low, I believe it will go up and rebound.." then press buy button... but in the end, it actually drops even more.. and move downtrend or sideway..

Why? Because without knowing the plan, do not trade. The scenario above will happen when we don't check the chart before hand and straight dive into making decision.

Thus, "Know your plan and plan the trade" is very important in order not to make wrong decision on trading the stock. Even now, if you have done so, exit,learn and check the technical analysis first before diving to the next stock.

Till then,
Star-Trader

Ezra Holding Technical Analysis 2

Continue with Ezra, but this time is Technical Analysis 2, why? Because if you checked my previous post on 2 Aug 2012, That was the first signal that I observed for an uptrend.

Now, Ezra closed with black spinning top today. which decision between the bullish and bearish confirmation still not established yet for another uptrend. The only positive confirmation for more uptrend will be +DI crossed over -DI.

This stock has been in my radar since my last blog post below. Since then, It has climbed more than 5% before settled at 1.045.

We will see again tomorrow's candlestick and if this stock will be in my radar for more uptrend.

Till then,
Star-Trader

Yanlord and Ezra..

Let's see if something is brewing on these 2 stocks.. Will post more on this soon..

Star-Trader

Accumulation and Distribution Line

Though candlesticks are my main ingredient to trade a stock as everyone can observe from the pattern, other parameters are like side dish to do a better confirmation or to preempt what are the status like for that particular stock.

So today, I am going to explain on Accumulation and Distribution Line. What is this parameter about?
This is volume-based indicator to measure the cumulative flow of money out of a stock.

The relationship is closed to the HIGH-LOW range price of the day of a particular stock and based on the volume to check where is the stock heading to.

Example, we will take Capitaland High on 3.07 and Low of 2.97 based on yesterday's close of 2.99.

Thus,

HIGH - 3.07

CLOSE - 2.99

LOW - 2.97

So 2.97 is being categorized as (-1.00) to 3.07 categorized as (+1.00) .
2.99 is (-0.80)

2.97 ----------------------------------------------------------> 3.07
-1.00                                    0                                       +1.00
                                       (half, 3.02)

And now, the close is at 2.99. It is near to lower negative (-1.00)  thus 2.99 (-0.80) x Volume to form the Accumulation and Distribution Line. 

The multiplier is POSITIVE when the close is in the upper half of the HIGH-LOW range , and NEGATIVE when in the lower half. FOR This case, lower half is from 2.97 to 3.02. Upper half is from 3.02 to 3.07.

Buying pressure is strong than selling pressure when it close in the upper half , for example and vice versa.

So the line rises when the multiplier is positive and falls when the multiplier is negative.

Now, does this means that it is indication of buying/selling pressure? Not exactly..As one's got to look at the candlesticks pattern as well as in are they closing lower and lower? higher or higher..

It is a combination of more than one parameter , Accumulation and Distribution Line can't standalone.

Happy Weekend..

Star-Trader

Posted more analysis to my subscribers..

Just posted Live Trading Example using YZJ as the subject for better understanding of how candlesticks will be helpful on trading a stock.

Star-Trader

Just posted my sharing to my subscribers..

Have just posted candlesticks analysis using live example YZJ to my subscribers..

Why other parameters are important as well besides candlesticks? Will explain more next..
Stay tune..

Star-Trader

Early morning thoughts..

Early morning today, I have decided that learning through using live example will be much useful to my subscribers..This is a feedback I got which I found should be interesting as well for me to do sharing through this method.. :)
So starting today, the first stock I will use is Yangzijiang since my last post was about this.

Star-Trader

Yangzijiang Technical Analysis Part 2:

Today, Yangzijiang reported profit.
Check out the result release below..
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_26B47866A166512348257A5300588F94/$file/PPT_2Q2012.pdf?openelement

But yet, market direction which I mentioned below still playing the part although I would say interest already formed for this stock after such consistence result delivered for this shipbuilding company.

So, what's the fuss about this..? If you like to re-enter Yangzijiang, the signal still WAIT, as today's close still form the black closing marubozu. For this stock, it is still waiting for a white candlestick and then we would re-visit again at that point in time..

I did also put during my analysis that 0.975 might be a good price to enter..This is provided that no panic sellers, so I guess we would see on Friday..

Star-Trader

Yangzijiang Technical Analysis

Yangzijiang, today closed as black spinning top. Indecisive between uptrend/downtrend still exist but what keeps this stock in my radar is RSI 30% and also the valuation of it on the support price of 0.91. Now is just to wait for +DI to be more than -DI will even more confirmation on the uptrend. As I will be much happier if I can lock in at 0.975, it can also dip down temporary if it is influenced by the market global news that can cause the price to dip down. Thus if the price and volume can stay between 0.93 to 0.97, then will be more indication of uptrend. Stop loss if it goes beyond 0.91.

If tomorrow's candlestick and volume showing sign, it could be time to lock in and reap some profit.

Star-Trader

Cosco Corp Technical Analysis

Cosco Corp, next stock in my radar.. The white marubozu candlestick that covered the previous black candlestick formed a bullish sentiment on this stock. Bullish divergence might be happening based on the Accumulation/Distribution line and also check the support and resistance level for this stock.. The support level I would think is 0.950 and 1.03 and 1.065 as the next pit stop to move further ahead.. If it can go through over 50 days moving average price and stays well above that price, this will be a good indication for more uptrend.

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Trading a stock is like nurturing a plant..It takes days before showing results..

Well, remember, trading a stock is like nurturing a plant so it can be days before you can see the result.

1) When entering a stock, remember that though technical analysis that you have done showing uptrend, it could take few days before it can show results.
2) The stock can turn reversal to your analysis if outside market factors has more influence on this stock but always remember to plan well before entering a stock.
a) Have an exit plan
b) Why you enter the stock?
c) How would you see the stock in xx days ?
d) If it turns against you, what will do you?
e) How much you intend to buy and holding power?
f) Do you ready to do spreading with averaging down, if not , what is the reason? if yes, what is the reason and averaging price that you will enter?

3) Do not chase a stock as you will be caught off-guard by this.. (Though sometimes you may be riding the right wave and exited well) But if you think the stock can still be on uptrend, study it and know why it is active stock and do entry and exit plan.

4) Do not let emotional goes against you whether sell too early and the stock keeps on climbing but rather study why you exited earlier (Do a post-mortem on it) and you will be well guard in the next stock trading.

Till then,
Star-Trader

CapMall Asia, if you have entered, is time..Ezra's Technical Analysis..

Well, previously did put an analysis on CapMall Asia. If you have entered, that's great and time to look for exit to reap profits..If not, I still believe that will be a mini wave profit as the buying pressure still exist, just make sure you know when to exit..that's all..

Next, as promised on Ezra.. moving on to this stock..White spinning top candlestick occurred yesterday that still cause the bullish and bearish signal happening together though volumes should be great enough to push this stock higher.. Let's see.

Star-Trader

Ezra Holdings Technical Analysis

Ezra, next in my radar..Will post more soon..

Till then,
Star-Trader

Biosensors Today's financial result and technical analysis

Biosensors 1Q13 Net Profit +45% At US$32.6 Mln which means that this stock fundamental is really something that to look for.. Though RSI moving towards 70% and the previous black candlesticks which mean sell-if signals might be confirmed, it has managed to climb back based on today's closing white marubozu candlestick and It has move over 50 day moving average..Indication of tomorrow's market direction be enough to verify for this.

Star-Trader

CapMall Asia Technical Analysis

Capmall Asia today closed with another white candlesticks with increased volume. That indicates that the buying pressure is still there and have moved across the moving average price of 50days, 100days and 200days.. Is this indication of more uptrend to come? Let's see..

Star-Trader

SGX Technical Analysis

Today, SGX closed with Opening white marubozu. It opened at 6.53 and pushed all the way up to 6.69. With dividend coming, this might be a look out though the signal now is in the midst of confirmation but any pull back, I might consider locking in and also depends on the next few days candlesticks with volumes to determine my next move on this.

Star-Trader

Keppel Corporation Technical Analysis

Today, Keppel Corp closed with White Marubozu and Bullish Engulfing candlesticks which indicates a buy-if signal. Thus, this has been put under my radar. Though RSI is quite high, but with volume increased for the last few days, I would still put this into consideration if the signal shown for the next uptrend.

Star-Trader